UBS AG is to redeem all of the outstanding securities in the ETRACS Oil Futures Contango ETN and ETRACS Natural Gas Futures Contango ETN.
The call settlement date for the affected securities will be 23 January 2014.
The call settlement amount will be the current principal amount of such series as of 17 January 2014.
UBS AG will pay investors holding affected securities as of 5pm, New York time, on 23 January the applicable call settlement amount.
International Securities Exchange (ISE) intends to discontinue the calculation and publication of the levels of the ISE Oil Futures Spread Index and the ISE Natural Gas Futures Spread Index on 24 January 2014.